Very interesting example DWCAP. I don’t think I would want to leave my children a house that doesn’t cash flow either. Here’s how I see it, when I die, my kids will probably be either almost at retirement or are in retirement themselves, so they would probably have their own primary house and their own investment property(ies). I view this as my own family’s “trust” fund, in a way. My house is probably at break even point today, so I’m sure in 30+ years, it would cash flow then too. Again, I view it as me passing down a passive income to my future generation(s). It requires lots and lots of time to amass a huge family asset. It started w/ my parents and I’ll continue that tradition and build on top of it. I would hope my kids and their kids will build on top of that. I don’t believe in get rich quick scheme, but I do believe if you build family assets over several generations, it will get to a sizable amount eventually.
